GBPJPY Correction Underway But Will It Last?
GBPJPY is trading sideways today as the first correction since the March 2023 lows is […]
USDJPY Impulsive Decline Portends Further Weakness
Cycle from 10.21.2022 high is in progress as a zigzag Elliott Wave structure. Down from […]
USD/JPY Takes Big Hit, EUR/USD and GBP/USD Extend Rally
Key Highlights USD/JPY declined heavily below 142.00 and 140.00. It traded below a key bullish […]
XAU/USD: Gold Extends Advance on Weakening Dollar/Hopes Fed Rate Hikes Nearing End
Gold keeps firm tone on Thursday and extends Wednesday’s 1.3% advance, sparked by softer than […]
AUDUSD Breaks Rectangle; Fifth Time Lucky for the Bulls?
AUDUSD bulls are staging their fifth breakout, hoping to be more successful this time around […]
DAX Index Rallies after Ending 3 Waves Corrective Pullback
Short term Elliott Wave view in DAX suggests the Index ended wave (3) at 16427.42. […]
Crude Oil Price Extends Rally Above $75, US CPI Eases To 3%
Key Highlights Crude oil price started a fresh increase above the $72.50 resistance. A key […]
Gold – Boosted by US Inflation Data But Recovery Still Early
Recent range highs broken after CPI release Lower inflation could increase gold’s appeal One more […]
Gold Tries to Recover
GBP/USD breaks higher The pound advanced after resilient UK wage growth put pressure on the […]
GBP/USD: Bulls Lose Traction on Approach to 1.30 Barrier, US CPI in Focus for Fresh Signals
Cable eases from new 15-month high (1.2969), posted in late Asian trading on Wednesday, as […]
Gold Trends Higher; Resistance Within 1,940 Area
Gold has been swinging higher in the four-hour chart since hitting a three-month low of […]
CPI Release Will Decide the Next FOMC Step
Today’s focus is on the US CPI data, which experts believe will be better than […]